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Re: JefftDecker post# 3226

Friday, 09/16/2016 8:26:22 AM

Friday, September 16, 2016 8:26:22 AM

Post# of 11362
The question for me is what will the SPX do?
This chart on the monthly shows it has stalled at R-1. Weekly shows barely hanging on to S-2 and testing S-3. Daily shows stuck under P-pivot.
If these hold up then market should turn down soon. Today, Monday?
These are not my charts. https://www.tradingview.com/x/LUDazRG3/
So for me, not a buyer of anything I think is market sensitive.
I switched from AEL to CEMP as the chart on CEMP has more momentum IMO.
Ready to jump quickly.
Keep up the good work. Much appreciated. A real asset to trading boards.
I continue to trade in profit preservation mode. CRBP has been a good one with an easy chart to read.
Ace, the trader I have mentioned before took profits on his PYPL calls yesterday. We will see soon if he was right.
Wish you much green.

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